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539 - 543 King Street, Charleston, SC
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539 - 543 King Street
Charleston, SC 29403 - Downtown Charleston Submarket
Property Type:
Retail
Sub Type:
Storefront Retail/Office
Status:
Existing
Year Built:
-
Building Size:
9,924 SF
Land Area:
.17 AC (7,523 SF)
% Leased:
For Sale Price:
$1,650,000
Price/SF:
$166.26
Cap Rate:
-
Parking:
Free Surface spaces; Free Covered spaces
Features:
Bus Line, Signage
Located across from the upcoming Midtown project, this offering is an excellent opportunity to purchase a quality 100% leased property with room to escalate in value. The building has had a complete renovation and received a Carolopolis Award from The Preservation Society of Charleston for its' achievement in exterior restoration.
Sale Notes:
PRICED REDUCED FROM $2,100,000 TO $1,6550,000 WITH A MOTIVATED SELLER! Tenants include three, upstairs residential units. Units are being rented for $1,300/mth, $1,400/mth and $1,450/mth. Two of the three retail spaces on the ground floor have been leased. Exact year or original construction unknown and square footage is approximate.
Located across from the upcoming "Midtown" project with room to escalate in value. This block of King Street has experienced a tremendous surge in activity from new tenants seeking to capitalize on its unique atmosphere and energy. The City of Charleston has just completed the widely anticipated King Street Streetscape Project which included burying power lines, new bluestone sidewalks, curbing, street lights and repaving and striping King Street.
CLICK HERE TO CONTACT THE SALES BROKER
FOR SALE CONTACTS
Colliers International
John A Orr
(843) 720-7504
View all my listings
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